Определение: Accounts Uncollectible

English: Loans, receivables or other debts that have virtually no chance of being paid. An account may become uncollectible for many reasons, including the debtor's bankruptcy, an inability to find the debtor, lack of proper documentation, etc. Before an account is classified as uncollectible, it usually becomes a "doubtful" account.  Companies and banks keep a cash reserve for these accounts, which is a contra account to the loan or receivable account. Once an account is deemed uncollectible, it must be written off.

• Banking - Банковские понятия
• Fundamental Analysis - Фундаментальный анализ